Virtual| Aug 18, 2022
Public Meeting on Proposed TD Bank Acquisition of First Horizon
The OCC and the Federal Reserve Board will hold a joint public meeting on the proposal by The Toronto-Dominion Bank, Toronto, Ontario, Canada, to acquire First Horizon Corporation, Memphis, Tenn.
The purpose of the public meeting is to collect information from a wide range of stakeholders as the agencies evaluate the proposed applications. By law, the agencies are required to evaluate the convenience and needs of the communities to be served by the combined organization; the insured depository institutions’ performance under the Community Reinvestment Act; competition in the relevant markets; the effects of the proposal on the stability of the U.S. banking or financial system; the financial and managerial resources and future prospects of the companies and banks involved in the proposal; and the effectiveness of the companies and banks in combating money laundering activities.
The public meeting will be held virtually on August 18, 2022, at 9:00 a.m. ET. Members of the public seeking to present oral comments must register by 12:00 p.m. EDT on July 28, 2022 through the OCC's web page, which will be updated with registration details by June 8, 2022. Further information and requirements to present, as well as information to view the public meeting, are available in the attachment from the agencies.
August 18, 2022
9:00 a.m. ET
Federal Register Notice (PDF)